Cuomo to apply for $30 billion in U.S. aid

Funds would rebuild, upgrade infrastructure in NYC, its area

5:33 AM,
Nov. 13, 2012

Written by

Joseph Spector
and Jessica Bakeman

Gov. Andrew Cuomo said he would seek a $30 billion federal appropriation from Congress to help New York rebuild after Superstorm Sandy.

Cuomo said the federal government helps with reimbursement for storm costs, but the additional money would be needed to rebuild and improve the infrastructure in New York City and its region.

"The damage here is much more severe than just the out-of-pocket expense," Cuomo told reporters at a briefing in Manhattan on Monday. "We have suffered what we estimate to be a $30 billion economic loss. Just reimbursing the out-of-pocket expenses does not come close ...